ShawCor Ltd. announced its subsidiary, Bredero Shaw, has received a contract with a value in excess of US $35 million to provide pipeline coatings for Sabah Shell Petroleum Co. Ltd.'s (SSPC) Gumusut-Kakap Deepwater Project located in the South China Sea 120 km offshore Sabah. The contract has been awarded to Bredero Shaw (M) Sdn. Bhd. and the project will be executed at the Bredero Shaw facility in Kuantan, Malaysia.
The scope of the Gumusut-Kakap Deepwater Project requires 40 km of 18" pipe to be protected with Fusion Bonded Epoxy (FBE) and Bredero Shaw's ThermoFlo D insulation coating designed for water depths of 1,200 meters. Specialized processing equipment, designed by Bredero Shaw, will be mobilized and pre-qualification testing will be completed in December 2008. Upon completion of thorough simulated service testing, the ThermoFlo D insulation coating application will begin by the end of the first quarter of 2009.
The Gumusut-Kakap field is offshore Malaysia in 1,200 meters of water.
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